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Senior Cost Analyst

Job details
Posting date: 09 February 2026
Hours: Full time
Closing date: 11 March 2026
Location: Stockport, North West, Stockport
Company: Millbank Holdings Ltd
Job type: Contract
Job reference: 59140937

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Summary

Can you independently manage full cost?control responsibilities for complex work packages, including budgets, commitments, VOWD, accruals, and forecasting?
Are you experienced in producing accurate, client?ready cost reports and communicating financial performance to both internal management and external stakeholders?
Do you have strong working knowledge of cost?control procedures, contract terms, and project close-out requirements?

The Opportunity
A Senior Cost Analyst is required on a long-term (12+ month) hybrid contract based in Manchester. The role focuses on delivering accurate cost reporting, robust cost control, and effective communication across project teams and client representatives.

Your duties and responsibilities will be

- Produce accurate cost reports in line with contractual and client requirements.

- Manage all aspects of cost control for assigned work packages, including:

- Budgets
- Commitments
- VOWD
- Accrual generation
- Forecasting for labour, subcontract, and procurement costs

- Communicate cost data clearly and confidently to internal and external stakeholders.
- Contribute to and review project controls procedures (e.g., invoicing, budget and cost control, accounting, change management) to ensure compliance with contractual obligations.
- Prepare monthly internal cost reporting, including financial statements for management review.
- Present month-end results to both client and management teams.
- Lead cost-related elements of project close-out and benchmarking activities.
- Promote strong working relationships across project controls, wider project teams, and client representatives.
- Demonstrate commitment to company values and support the delivery of health, safety, environmental, quality, and ethical standards.

You will have the following qualifications & experience:

- Proven industry experience in cost control.
- Strong knowledge of cost-control and cost-reporting techniques and methodologies.
- Understanding of contract terms and conditions relating to cost, payments, penalties, insurances, guarantees, and progress measurement systems.
- A proactive attitude with the capability and ambition to progress into a supporting Project Controls Management role.

Millbank Holdings Ltd is an equal opportunities employer committed to creating an inclusive and diverse workforce. We welcome applications from all suitably qualified individuals, regardless of background, and encourage candidates from underrepresented groups to apply.

We are proud to be a member of the Disability Confident Scheme, and we are committed to ensuring an accessible and supportive recruitment process for everyone. If you require any adjustments at any stage, please let us know and we’ll do our best to accommodate.

Millbank operates as both an Employment Agency and an Employment Business.

Proud member of the Disability Confident employer scheme

Disability Confident
A Disability Confident employer will generally offer an interview to any applicant that declares they have a disability and meets the minimum criteria for the job as defined by the employer. It is important to note that in certain recruitment situations such as high-volume, seasonal and high-peak times, the employer may wish to limit the overall numbers of interviews offered to both disabled people and non-disabled people. For more details please go to Disability Confident.

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